Japan stocks lower at close of trade; Nikkei 225 down 0.08%

Aug 08, 2018

Japan stocks were lower after the close on Wednesday, as losses in the Warehousing, Trading and Paper&Pulp sectors led shares lower.

At the close in Tokyo, the Nikkei 225 fell 0.08%.

The best performers of the session on the Nikkei 225 were Nikon Corp. (T:7731), which rose 9.38% or 181.0 points to trade at 2110.0 at the close. Meanwhile, Furukawa Electric Co., Ltd. (T:5801) added 5.28% or 195.0 points to end at 3885.0 and Softbank Corp. (T:9984) was up 5.00% or 502.5 points to 10545.0 in late trade.

The worst performers of the session were Meiji Holdings Co., Ltd. (T:2269), which fell 10.39% or 900.0 points to trade at 7760.0 at the close. Tokai Carbon Co., Ltd. (T:5301) declined 7.44% or 165.0 points to end at 2054.0 and NTT Data Corp. (T:9613) was down 6.00% or 84.0 points to 1316.0.

Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 1859 to 1526 and 209 ended unchanged.

Shares in Softbank Corp. (T:9984) rose to all time highs; up 5.00% or 502.5 to 10545.0.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 6.29% to 14.60 a new 1-month low.

Crude oil for September delivery was up 0.07% or 0.05 to $69.22 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.05% or 0.04 to hit $74.69 a barrel, while the December Gold Futures contract rose 0.18% or 2.20 to trade at $1220.50 a troy ounce.

USD/JPY was down 0.38% to 110.97, while EUR/JPY fell 0.43% to 128.63.

The US Dollar Index Futures was up 0.06% at 95.06.